Cognizant Target open nowCognizant Tech Target is open seeing on upside now. With Clear targets
My opinion wait and watch.
1.63%
4.11USD
2.29BUSD
19.428BUSD
500.454M
About Cognizant Technology Solutions Corporation
Sector
Industry
CEO
Ravi Kumar Singisetti
Website
Headquarters
Teaneck
Employees (FY)
355.3K
Founded
1994
ISIN
US1924461023
Cognizant Technology Solutions Corp. engages in the provision of information technology, consulting, and business process outsourcing services. It operates through the following business segments: Financial Services, Healthcare, Products and Resources, and Communications, Media, and Technology. The Financial Services segment consists of banking and insurance services. The Healthcare segment involves healthcare and life sciences. The Products and Resources segment consists of retail and consumer goods, manufacturing and logistics, travel and hospitality, and energy and utilities. The Communications, Media, and Technology segment includes communications, information, media and entertainment, and technology. The company was founded by Wijeyaraj Kumar Mahadeva and Francisco D'Souza in 1994 and is headquartered in Teaneck, NJ.
Technical Analysis of Cognizant Technology Solutions ( CTSH )Disclaimer: I don’t own shares of Cognizant Technology Solutions ( CTSH )
The below analysis is not a trading or investment recommendation & is only for learning purpose.
1. CTSH entered a long-term uptrend in Nov’21 with price closing above the 200MA.
2.Price broke the previous high around $83 aft
CognizantCMP - 85.72
SL - 83.5 (DCB)
Target - 88.5, 91.5, 100+
Trend change after correcting 10% from ATH and round bottom.
Cognizant Technology Multiyear breakout target 110 minimumCognizant Technology Solutions have broken out of Multi year resistance range of 80-84.
Price to buy 82-84
Target 110 in next one year.
CTSH near to breakout. 45 would be first target CTSH near to breakout. 45 would be first target. I hope, It should be valid breakout for descending weekly triangle.
Short entry : 59.25
stop loss : 61
first target : 45
second target : 33
Regards,
Vkram
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